INVESTMENT PROPERTY - TENANTED - BUYERS SOURCING FEE APPLICABLE RENTAL VALUE: 400 GROSS YIELD: 8% Two bedroomed ground floor flat situated in a popular residential area in the town of Crook. Being sold with a long term tenant in situ. Benefitting from gas central heating and double glazing, the property comprises; Hallway, lounge, kitchen, two bedrooms, bathroom/wc and rear garden. To ensure a fast and secure sale. You can secure the sale with a reservation fee of 1,200 inclusive of vat giving the buyer exclusive rights to purchase within a given timeframe and an additional 1,200 inclusive of vat on completion. Paying the reservation deposit ensures that the seller takes their property off the market as soon as the sale is agreed and reserves it exclusively for you, eliminating gazumping.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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